Advertisement
YOU ARE HERE: LAT HomeCollections

BRIEFLY

Western Pacific received a higher buyout offer.

September 24, 1986

Western Pacific Industries, which last week accepted a $155-a-share buyout offer from an investment group, said it has received a cash proposal to be acquired by Danaher Corp. for at least $10 a share more. Western Pacific, a manufacturer that specializes in electromechanical counting devices, precision parts and industrial thermoplastics, said Washington-based Danaher was prepared to offer shareholders "not less than $165 per share," or about $382.63 million, and requested a meeting with management and a chance to review "non-public and other information" about the manufacturing company.

Advertisement
Los Angeles Times Articles
|
|
|